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Show I Dry Law To Ring In Era Prosperity Say Leaders Salt Lako, July 31. Prohibition prosperity. Iu tho lexicon of business hero and throughout the stato these words I will bo written closo together, repre sentative business men of Salt Lake aro certain. Eventually, many of (hem think, they may come to bo synonymous, or at least so nearly so that one will bear a direct reminder of the other. They expect prohlbl-i prohlbl-i tlon to bring prosperity, and pros- I perlty, In turn, perhaps to assure the I continuance of prohibition. Instead of entering approhenslvoly upon tho dry period which begins throughout Utah at midnight today, ithe leaders of the community's commercial com-mercial life know what to expect from the experience of such cities as 4 Denver, Portland, Seattle and Spo-y Spo-y kane, which have abolished liquor !i and readjusted themselves. Such local modifications of the .common I experience as may occur, they think, will be to Salt Lake's advantage. Mo3t of them admit prohibition may cause a temporary deprtsslon In certain linos, especially those directly direct-ly or closely tied up with tho liquor traffic. Dut the depression, they Insist, In-sist, will pass and pass much sooner than it has In other cities. Its aftermath after-math will bo a more actlvo order of thlng3 than existed before, with practically prac-tically every wage earner not only doing his bit but saving his bit as well. It they were to chart this change, thoy would make the downward dip much shorter than less astuto observers observ-ers might draw It and they'd soon turn tho lino back toward normal. War to Aid Readjustment. Tho existing stato of business, substantial sub-stantial anyway and Improved by extraordinary ex-traordinary war conditions, they believe, be-lieve, will havo those effects In aiding aid-ing readjustment: It will furnish work for those om-i om-i ployos of breweries, saloons and al- lied trades who aro forced out of i employment. It will lncreaso tho domand for business locations and thereby re-duco re-duco the number of saloon locations which need remain ldlo. It will offer paying lines of endeavor en-deavor to saloon men who havo sums of money to Invest. In short It will cut down the period peri-od of upset considerably below tho avorago of other cities In tho west which have already gono dry. Another factor, .to which they point, Is that six months have passed slnco tho Legislature passed the prohibition pro-hibition amendment and these have given thoso who aro affected a chanco to mako ready. Hankers Optimistic. Bankers, Inclose touch with every phase of business life, explained they felt no misgiving for the future, but, on tho other hand, were certain prohibition pro-hibition would bo beneficial. "Prohibition will have a salutary and healthful effect on the city and state," declared W. W. Armstrong, president of tho National Copper ban, who, as a member In tho senate of tho last legislature, was one of tho stanchest supporters of tho bill. "Thero may be temporary emborrass-ment emborrass-ment In somo lines, but in tho long run, I am sure Its effect everywhere will bo beneficial. I am heartily In favor of prohibition and am glad the law Is going Into effect." Rodney T. Badger, vice president of tho Utah Stato National bank, could seo nothing but final benefit for the community. "There is only ono criterion by which wo can Judgo tho effects here," said ho. "and that is tho experience of such cities as Denver, Portland and Seattlo. They have tried prohibition pro-hibition long enough to reallzo that, whllo there may be a short-time disturbance, dis-turbance, especially to certain kinds of property, after that U over, It proves Itself a desirable thing. Sees Temporary Stringency. "A slight stringency In some quarters quar-ters may bo apparent at the start," said John C. Cutler, president of tho Deserot National bank, "but this Is to bo expected and will not last long. Business will adjust Itself readily and then prohibition will furnish a hotter hot-ter order of things In tho long run." John Plngrco, president of tho Merchants' bank, expressed confidence confi-dence that Salt Lako would not feel any setback keenly. "Readjustment In other cities has taken from a year to a year and one-half," said ho, "but thero Is every reason to believe that no such length of tlmo will bo required hero. Tho rapid rato of growth and tho present prosperity contribute to shorten this period. Thero may bo somo vacant places for awhile, but soon I bollovo prohibition will commend Itself to every business man." No less nccurato In Intensive observation ob-servation of tho community than banks are department stores. Owners Own-ers as well a3 credit nnd department managers aro far from "viewing with alarm" as they look ahead. Snys Department Stores Will Benefit. "I bollovo tho effect will bo splendid," splen-did," said II. N. Byrne, managing director of the Kelth-O'Brlon company. com-pany. "I mado it my concern to Btudy the effect of prohibition on department stores In other largo cities cit-ies which havo gono dry. Tho beneficial bene-ficial effects extend to all departments depart-ments of tho stores, but they are especially es-pecially noticeable In two of tho most Important branches woman's wares and credits. I am suro Salt Lake stores will gain as much ns cities like Denver and thoso of tho northwest." north-west." Prohibition, "closo up," presents a far less terrifying spectaclo to tho real estate dealer than seen through tho perspcctlvo of n year ago this Is tho belief of Ruel G. Ilalloran, president of tho Halloran-Judgo Loan & Trust company. "A year ago wo were Inclined to think pretty seriously of tho effects of prohibition," said he, "but now wo aro not perturbed. Of a dozen saloon properties which we owned or wero handling all but two have been rented. Of courso tho rentals are not so high as thoso secured from saloon proprietors, but the readiness with which tenants were obtained has been gratifying. "There may bo a period of hardship hard-ship for somo persons, but after things settle- down again I bellcvo thoy will bo better than ever." Many Brewery Employes Out. Among tho breweries, which, perhaps, per-haps, have been hardest hit by prohibition, pro-hibition, tho situation Is not entirely entire-ly bereft of consolation. At the Salt Lako City Brewing company about half of the seventy-five employes will bo retained on the payrolls to aid In the manufacture of soft drinks which tho company will put out. "Just how many men will eventually eventu-ally bo employed wo cannot say now," said Phillip B. McKlnnoy, secretary and treasurer. "At present wo shall havo to let about ono-half of tho men go." Tho seventy men employed at the A. .Fisher Brewing company will bo released and the plant will be closed down, arcordlng to Frank Fishor, head of tho concern. The older em ployes will not bo turned out In a straitened financial condition, how-over, how-over, for owing to tho generosity of tho Iato Albert Fishor, founder and president of the brewery,' all those who have boen In tho omploy for ten years or more will receive f 100 Liberty Lib-erty bonds, and all whose employment employ-ment runs back ono year or moro will recelvo $50 bonds. Tho dlsburso-ment dlsburso-ment of the bonds, amounting altogether alto-gether to about $3000, will occur on tho first day prohibition Is In effect. |